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Galina-37 [17]
3 years ago
11

EA1.

Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

Explanation:

ummmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm'

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The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di
Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

6 0
3 years ago
Read 2 more answers
Grace Food Company Contribution Income Statement for the Month of October Corn Flakes Frosted Flakes Total Amount Percent Amount
ivann1987 [24]

Answer:

$1.5 million.

Explanation:

Calculation of the amount of the break-even sales for Grace Food Company:

Sales mix calculation will be:

Corn Flakes = $2,000,000/$2,500,000

= 0.80,

Frosted Flakes = $500,000/$2,500,000

= 0.20.

Calculation for the Contribution margin ratio will be:

(60%) × (0.80) + (50%) × (0.20) = 58�lculation for the Break-even point will be:

Break even point= Total Fixed Costs/Overall Contribution margin ratio

Hence,

$870,000/0.58= $1.5 million.

Therefore amount of break even sales will be $1.5 million.

8 0
3 years ago
Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pa
anyanavicka [17]
Hey there,

Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?

</span>1.5% of 845 is 12.675

So by round this above, your correct answer would be <span>12.68

Hope this helps</span>
5 0
3 years ago
By manipulating the money_____, the Federal reserve can change _____ rates, thus encouraging or dicouraging additional investmen
Vadim26 [7]

Answer:

Supply, interest

Explanation:

The money supply can be regarded as supply of all the currency as well as other liquid instruments in the economy of a particular country.

Money supply can be manipulated by central bank by influencing interest rates, as well as printing money. The federal reserve can also engage in open market operations which is the selling/buying security or bond of government. It should be noted that By manipulating the money supply the Federal reserve can change interest rates, thus encouraging or dicouraging additional investment.

7 0
3 years ago
The materials price variance is the difference between the actual price of materials ______. Multiple choice question. and the s
kozerog [31]

Answer:

and the standard price paid for direct materials multiplied by the actual quantity of direct materials purchased

Explanation:

The formula to calculate the material price variance is

Material price variance is

= (Standard price - actual price) × actual quantity

Based on the above formula, the above statement represent the formula of the material price variance

Hence, the same is to be considered

7 0
3 years ago
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